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The Economic Regulation of Airports

The Economic Regulation of Airports
Author: Peter Forsyth
Publisher: Routledge
Total Pages: 260
Release: 2017-09-29
Genre: Transportation
ISBN: 1351891170

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This tour d'horizon book reviews airport regulation and competition in different regions of the world and contrasts different policy perspectives. Organized in four parts, the first three examine, in turn, Australasia, North America, and Europe, while the last section looks at the institutional reforms that have taken place in these regions. The book covers the regulation of airports, and competition in different regions, as well as privatization policy, the interaction between airports and airlines, and regional economic impacts. It also examines the linkages between governance structures and forms of regulation. The book's global sweep embraces all the large aviation markets, bringing together the ideas and challenges of academic economists, airlines, airport managers, consultants and government regulators. As well as looking at different methods, degrees and paradigms of regulation it also spells out the stress-points, in a way that makes essential reading for airport operators, airline operations staff, as well as academic economists concerned with transport studies. It also offers interesting reading and important lessons for those concerned with regulation of the utility industries such as, telecommunications, water and power generation and distribution - where infrastructure can be subject to natural monopoly characteristics and where firms competing in downstream markets are dependent on the investment and operational strategies of the upstream infrastructure operator.


Economic Regulation of Urban and Regional Airports

Economic Regulation of Urban and Regional Airports
Author: Peter Forsyth
Publisher: Springer Nature
Total Pages: 453
Release: 2023-05-02
Genre: Business & Economics
ISBN: 3031203410

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This book offers new insights into the theory and practice of economic airport regulation. In light of recent developments in aviation markets and policy, and the debate on airport regulation and benchmarking, it offers case studies on various aspects of economic regulation of city and regional airports. Written by experts in the field, the volume features contributions on the theory of regulation and benchmarking, as well as case studies on recent experiences in Europe and Latin America. This book is divided into three parts: Part I provides the theoretical background for the study of airport regulation and regulatory systems. Competition at airports is discussed, as are common forms of regulation and potential pitfalls. Part II addresses benchmarking, as benchmarking is often applied as an input to the regulatory process. Although benchmarking is necessary, reviews of how benchmarking is applied in the literature and in practice show that improvements can be made. Part III provides case studies on real-world examples. Addressing the question of whether and how European airport regulators set incentives for efficiency, and how benchmarking is used in the regulatory process, this book is an important contribution to the development of the transport industry in Europe and Latin America. It will appeal to scholars and students in transport economics, regional economics and related fields, as well as to practitioners and policy makers in the transport industry.


Air Traffic Management

Air Traffic Management
Author: Margaret Arblaster
Publisher: Elsevier
Total Pages: 286
Release: 2018-02-06
Genre: Transportation
ISBN: 0128111194

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Air Traffic Management: Economics Regulation and Governance provides the latest insights on approaches and issues surrounding the economic regulation and governance of air traffic management (ATM). The book begins by explaining what ATM is, showing its importance within the aviation industry. It then outlines the unique institutional characteristics that govern ATM, also discussing its implications for economic regulation and investment. Technological developments and the issues and approaches to safety regulation are also covered, as are the implications ATM has on airports. The book concludes with an exploration of future directions, including the entry of drones into airspace and the introduction of competition in ATM services Air traffic management plays a critical role in air transport, impacting both air safety and the efficiency of air services. Yet air navigation services are shifting from government provision to private industry, creating the need for more critical analysis of governance and economic regulation within the ATM industry. Consolidates the latest economic regulation and reform material regarding air traffic management Provides numerous practical examples and real-world case studies drawn from around the globe Explores economic regulation in both larger and smaller economies Written from an objective, informed and practical perspective by an experienced regulation practitioner and researcher


Airport Competition

Airport Competition
Author: Peter Forsyth
Publisher: Routledge
Total Pages: 463
Release: 2016-03-23
Genre: Technology & Engineering
ISBN: 1317182898

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The break-up of BAA and the blocked takeover of Bratislava airport by the competing Vienna airport have brought the issue of airport competition to the top of the agenda for air transport policy in Europe. Airport Competition reviews the current state of the debate and asks whether airport competition is strong enough to effectively limit market power. It provides evidence on how travellers chose an airport, thereby altering its competitive position, and on how airports compete in different regions and markets. The book also discusses the main policy implications of mergers and subsidies.


Economic Regulation of Airport Services

Economic Regulation of Airport Services
Author:
Publisher:
Total Pages: 25
Release: 2011
Genre: Access to airports
ISBN:

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The Commission proposes that the light-handed approach to regulation continues, however it recommends the the Australian Competition and Consumer Commission (ACCC) conduct price monitoring to ensure that market power is not being misused.


The Economics of Airport Operations

The Economics of Airport Operations
Author: James Peoples
Publisher: Emerald Group Publishing
Total Pages: 456
Release: 2017-10-03
Genre: Transportation
ISBN: 1787144984

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This volume examines the role that airports play in economic development and land values, the regulation and economic efficiency of airports, airport pricing and competition, and the role played by airports in influencing airline operations and networks.